Ama28: Fraud fraud fraud! A project that was initially planned for and fully funded has time over run and had a fresh allocation and is still having time over run. It is costing us the sum of N195b to conduct a feasibility study. Even the feasibility study conducted before going to the moon is not this cost intensive! Out of the 1.09billion only 200million was provided as what percent of the total budget? And people are dancing azonto on this topic

Accord to this write up "It recalled that N1.09bn was allocated to the project in the 2011 budget; N626.69m was released but only N195.47m was utilised as at the end of the third quarter of 2011. Six hunddred and something million was released, one ninety five million was utilised please where is the rest of the released money cos till date we are still budgetting on that project!

Mr Jonathan is purely fundraising for his presidential ambition come 2015, we will wait for him at the voting point, then shall he understand what it means to be a fraudster!
This is so sad, yet he is here licking the spit of bill gate for fund for polio. This money could kick polio out of Nigeria and Pakistan!

gerald09: Finally a project dat actually makes sense. Una don c am abi, government have approved dis money(s) GEJ has signed the check nw the ministries n ministers in charge of d project should be closely watched cos dem fit chop d moni so Nigerians will start blaming jonna. If Ѿε̲̣̣̣̥ want progress Ѿε̲̣̣̣̥ have to hold the right people responsible.

CFCfan: @Ama28: I partially agree with you. N195 billion (over $1 billion) for feasibility study is certainly on the high side.

Sincere 9gerian:
That report has many typographical errors, especially with regard to figures. Even most of the modern rail lines will be built thru PPP but that was not reflected in the report.

Rossikk:

Your very existence is an error. Dumb mongoose.

CFCfan:

N1.6 trillion is just under $7 billion . Anyway, it ain't far from your $10 billion.

Sincere 9gerian:
That report has many typographical errors, especially with regard to figures. Even most of the modern rail lines will be built thru PPP but that was not reflected in the report.

Fhemmmy:

That is like 10 Billion $$ . . . I honestly wont even make worry about the money/cost as long as we know we are getting reliable trains and not the box that was shown in the pix that i have seen in the other train that was recently done, where people are spending like a day to travel from ONDO - Akure (not too sure of the city oh) to Lagos . . .